03.02.2022

Changes at Mitsui O.S.K. Lines

Mitsui O.S.K. Lines, (MOL; president & CEO: Takeshi Hashimoto) is planning several promotions in its management team. The changes are subject to approval at the annual shareholders’ meeting which will be held on 21 June 2022....
03.02.2022

Bengaluru 2021: highest-ever cargo tonnage

Kempegowda Intl Airport, Bengaluru (BLR Airport) handled an all-time high tonnage of 406,688 t of cargo in 2021, recording a significant growth of 28.6% versus 316,305 t in 2020. International cargo recorded an increase of...
03.02.2022

Gazprom trials LNG-powered locomotive

Sinara Transport Machines Holding (STM) has received the Russian certificate of conformity for the TEMG1 shunting locomotive with two power plants running on liquefied natural gas (LNG). The new locomotive has successfully...
03.02.2022

Fiege extends its Dutch location

Fiege started building a new warehouse in Zaandam, North of Amsterdam (the Netherlands), in October last year. The 43,000 sqm logistics hub is scheduled to be completed by August 2022. Both the general contractor, Goldbeck...
03.02.2022

Duluth back to pre-pandemic levels

Inland navigation through the Saint-Laurence River and the Great Lakes is also getting back to normal. Throughput in the Port of Duluth-Superior climbed to 32.9 million t in 2021, an increase of 27% compared to 2020 and a 2.3%...
03.02.2022

China Airlines: Building on cargo success

China Airlines is purchasing four more new Boeing 777F freighters, which will eventually bring the fleet to ten aircraft in total. The deliveries are slated to commence in 2023 and six 777F freighters have progressively entered...
03.02.2022

CN picks Tracy Robinson

CN (Canadian National) has appointed Tracy Robinson as president and chief executive officer and as a member of its board of directors, effective 28 February 2022. This appointment follows the previously announced retirement of...
03.02.2022

"Curiosity of the Day"

Astronauts grow by up to 7 cm in space because weightlessness causes the intervertebral discs to swell.
03.02.2022

Hapag-Lloyd: 2021 puts wind in the sails

Carriers cannot help making money these days. While the volumes transported moved sidewards with 11.9 million teu (2020: 11-8 million teu) in 2021, Hapag-Lloyd's revenues went up by 43% and increased to approximately EUR 22.3...
03.02.2022

More than ever before

142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment....
03.02.2022

Big Brown in good shape

UPS is reaching for the stars, approaching the threshold of USD 100 billion in annual revenues. In 2021, consolidated revenue in the CEP business increased by 15% compared to 2020, amounting to USD 97.3 billion in total. Net...
02.02.2022

Road congestion strengthens rail in Asia

DHL has seen significant uptake with its 2021 launched daily connection between Kunming, China and Vientiane, Laos. The rail service shortens transit time between these two destinations to about 20 – 24 hours, compared to...
02.02.2022

Swissterminal celebrates half a century

Swissterminal, an international integrated logistics provider headquartered in Frenkendorf near Basel and with locations in Switzerland and France, is celebrating five decades of operations. On 1 February 1972, when Alex...
02.02.2022

‘A’-ratings for The Swedish Club

S&P Global Ratings has reaffirmed the ‘A’-ratings for long-term insurer financial strength and issuer credit for The Swedish Club. S&P also maintained its assessment of the Club's outlook as negative. Managing director...
02.02.2022

Train instead of truck cuts CO2 by around 75%

A positive result: At the end of last year, automotive industry supplier Webasto tested the delivery of component parts for production by train at its plant in Mecklenburg-Western Pomerania (Germany). The interim results of...
02.02.2022

London City bond opts for freeport advantages

The freeport status has attracted yet another tenant to DP World London Gateway’s growing port-centric logistics park. London City Bond, which will take the facility on a long-term lease from March, is a major UK tax warehousing...
02.02.2022

New LNG units for PIL

Pacific International Lines (PIL) is investing again. According to the local press in Singapore, the liner has ordered four newbuilds. Currently, two 13,000 teu LNG units are confirmed, and another two are in the pipeline. The...
02.02.2022

Big order for Boeing's new freighter programme

Qatar Airways will be the 777-8 freighter launch customer with a firm order for 34 jets and options for 16 more, the largest freighter commitment in Boeing history by value (+USD 20 billion at current list prices). Boeing...
02.02.2022

Geis banks on autonomous local transport

In Germany, the Geis Group is starting a project at its headquarters in Bad Neustadt to further develop autonomous truck driving using the 5G mobile radio standard. The project is designed to run for three years and is part...
02.02.2022

J.B. Hunt reaching the zenith

Zenith Freight Lines, a subsidiary of Bassett and based in Conover, NC (USA), is being acquired by J.B. Hunt Transport Services of a purchase of USD 87 million. When the transaction has been finalised, J.B. Hunt and Bassett will...
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